The Finance Algorithm
Summerland

iSave Online

Summerland's electronic-only account with high interest. For those aged 12 years and over who operate their own accounts; or business or community groups. Must have a linked transaction account.

Savings & transaction accountsBank updated 23 Sept 2026
At a glance
Base rate
0.50%
Intro rate
5.10% for 4 mo
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
IntroductoryValid for new customers only. Introductory period is 4 months from the date of account opening. The account will convert to the iSave Online account at the end of the 4 month introductory rate period…4 mo introup to $249,9995.10%paid every 1 mo; New customer
Variableup to $2,0000.50%paid every 1 mo
§ 02 — Fees · 4
FeeTypeAmountWhenNotes
Deposited Cheque Item FeeEventVaries
Dishonour FeeEvent$15
Honour FeeEvent$20
QuickDebit Dishonour FeeEvent$15
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
  • · Save on paper, receive and view your statements online with eStatements.
§ 04 — Eligibility & limits
  • · Residency: An eligibility constraint based on residency status applies.

Published by Summerland Bank under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.